With great sadness, we mourn the passing of our longtime Washington DC partner Bob Bloch.

In the recent case of 周露娜 v. 中旅货运物流中心有限公司 [2023] HKDC 1115, the Court found that a logistics company had unlawfully discriminated against a former employee who headed its logistics business unit and sales and marketing unit on the ground of her pregnancy by refusing to renew her employment contract and pay her a year-end bonus.

For the past several years, collateralized fund obligations ("CFOs") have been quietly gaining traction while keeping a relatively low profile—until recently. With their enhanced flexibility, available credit ratings, and customizable terms, CFOs have become increasingly attractive to investors, funds, and portfolio companies as a structured alternative investment vehicle allowing a specific risk/reward choice for the related underlying fund exposures.